-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pz92WfIjJ4koz0MxJ6X7hHyHKvl1yU2WmS5mVNi+EW5+q4zgLHt2h8c6MIIqGg0u nYx1RaJEGidIVUFJwAMnwA== 0001013762-11-000247.txt : 20110202 0001013762-11-000247.hdr.sgml : 20110202 20110202110024 ACCESSION NUMBER: 0001013762-11-000247 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110202 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110202 DATE AS OF CHANGE: 20110202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Forex International Trading Corp. CENTRAL INDEX KEY: 0001471781 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 270603137 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-161795 FILM NUMBER: 11565293 BUSINESS ADDRESS: STREET 1: 1061 1/2 N SPAULDING AVE. CITY: WEST HOLLYWOOD STATE: CA ZIP: 90046 BUSINESS PHONE: 323-822-1750 MAIL ADDRESS: STREET 1: 1061 1/2 N SPAULDING AVE. CITY: WEST HOLLYWOOD STATE: CA ZIP: 90046 8-K 1 form8k.htm FOREX INTERNATIONAL TRADING CORP. FORM 8-K form8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported):  February 2, 2011

Commission File Number 333-161795 
 
FOREX INTERNATIONAL TRADING CORP.
(Exact name of small business issuer as specified in its charter)
 
Nevada 
27-0603137
(State or other jurisdiction of incorporation or organization) 
(I.R.S. Employer Identification No.)

3753 Howard Hughes Parkway
Suite 200, Las Vegas, NV 89169
(Address of principal executive offices)
 
888-333-8075
(Issuer’s telephone number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
 

/_/ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

/_/ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

/_/ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

/_/ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
1

 
 
Item 2.02                      Results of Operations and Financial Condition
Item 7.01                      Regulation FD Disclosure

On February 2, 2011, Forex International Trading Corp. (“Forex”) issued a press release regarding the retail customer trading volume, retail client trades and tradeable accounts for Triple 8 Limited, which Forex owns approximately 45% of the outstanding securities.  A copy of Forex’s press release is attached hereto as Exhibit 99.1.
 
The information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01                      Financial Statements and Exhibits
 
Exhibit Number
 
 Description
     
99.1
 
Press Release dated February 2, 2011
 
 

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  FOREX INTERNATIONAL TRADING CORP.  
       
 
By:
/s/ Darren Dunckel  
  Name: Darren Dunckel  
  Title: CEO, President, CFO, Secretary, Treasurer and Director  
       
 
 
 
Date: February 2, 2011
Las Vegas, Nevada
 
2
EX-99.1 2 ex991.htm EXHIBIT 99.1 ex991.htm
Exhibit 99.1
 
Forex International Trading Corp. Reports Monthly Metrics of Triple 8 Limited

LAS VEGAS, February 2, 2011 (BUSINESS WIRE) -- Forex International Trading Corp. (the "Company") (OTCBB:FXIT), a company principally engaged in offering via affiliates a web-based foreign currency trading platform to non US residents, professionals and retail clients, today highlighted the significant accomplishments achieved by Triple 8 Limited ("Triple"), which is approximately 45% owned by the Company, over its January 2011 performance which included:
 
January 2011
 
Retail customer trading volume (1) in January 2011 which was 33% higher than December 2010 and 155% higher than January 2010. On average, retail client trades per month in January 2011 was 19% higher than December 2010 and 89% higher than January 2010. Tradable accounts (2) as of January 31, 2011 were representing a decrease of 6% from December 31, 2010 and an increase of 113% from January 31, 2010.
 
This operating data is preliminary and subject to revision and should not be taken as an indication of the financial performance of Triple or the Company.
 
(1) Volume that Triple retail customers traded in period translated into US dollars.
 
(2) A Triple retail customer account with sufficient funds to place a trade.
 
About Forex International Trading Corp.
 
Headquartered in Las Vegas, NV, Forex International Trading Corp. operates an advanced online trading platform for Forex markets to non U.S. residents. The Company estimates non U.S. residents represent 75% of online currency trading. The Company currently accepts only non U.S. clients. The Company focuses on providing individual and institutional investors with a platform for buying and selling currencies, precious metals and commodity futures. This platform allows self-directed, broker-assisted, managed accounts and accumulation programs. Through the platform, customers have access to over 20 currencies and bullion deliveries. The Foreign Currency Market ("Forex" or "FX") is created by the global exchange of currencies. According to the Bank for International Settlements, the average daily turnover, or, volume in the Global FX mark et in April 2010 was $4 Trillion compared to only $1.2 Trillion in 2001 (Wall Street Journal, Sept. 1, 2010). Historically, access to the FX market was only available to governments, commercial banks, corporations, and other large financial institutions. The Company is now capitalizing on the growth of online currency trading through its state of the art web-based trading platform.
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